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Bullboard - Stock Discussion Forum Tower Resources Ltd V.TWR

Alternate Symbol(s):  TWRFF

Tower Resources Ltd is a Canada-based mineral exploration company. The Company is focused on the discovery and advancement of economic mineral projects in the Americas. Its projects include Rabbit North, Nechako Gold, and More Creek. The Rabbit North project comprises over 34 mineral tenures covering across 16,400 hectares (ha), which is situated around 14 kilometers (kms) southwest of New Gold... see more

TSXV:TWR - Post Discussion

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Comment by AletLeBains on May 28, 2020 9:35am

RE:TWR Financials - No Money To Drill

But now they will get money to drill:
Tower Announces Non-Brokered Private Placement
Within the last 4 weeks the share price appreciated greatly and I guess with an mcap still below 10 mio CAD there is still much potential here. The placement price is 0,06 CAD which is pretty good!
Comment by AletLeBains on May 28, 2020 9:38am
And in the meanwhile they came up with very promising drill results. From May 6th: Tower Resources Intersects 7.1 m of 2.75 g/t Au and 40.2 g/t Ag Above Major Alteration Pipe at Nechako So they do a placement at 0,06 CAD with current share price 0,065 CAD and I guess it will be fully subscribed. The overall situation in the economies is the basis that much money finds its way into the gold ...more  
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